Chipmaker Nvidia has completed its acquisition of Israeli AI startup Run:AI, the startup announced on Monday, after undergoing antitrust scrutiny for the deal. "This marks the conclusion of one extraordinary chapter in Run:ai's journey and the beginning of an exciting new one in a new home," the GPU Orchestration Software Provider said on December 30.
Also Read: Jio Platforms Working with Nvidia to Democratise AI in India: Report
Nvidia's Acquisition of Run:AI
The European Commission reportedly granted unconditional approval to Nvidia's USD 700 million bid for Run:ai earlier in December, after saying in October that the deal would require EU antitrust clearance.
In April, Nvidia announced it had entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider. According to Nvidia, the startup promotes efficient cluster resource utilisation for AI workloads across shared accelerated computing infrastructure.
Run:AI's Platform Optimises AI Workloads
Run:ai enables enterprise customers to manage and optimise their compute infrastructure, whether on-premises, in the cloud or in hybrid environments. Run:ai's customers include some of the world's largest enterprises across multiple industries, which use the Run:ai platform to manage data-center-scale GPU clusters.
"We will continue to strengthen our partnerships and work alongside the ecosystem to deliver a wide variety of AI solutions and platform choices," Run:ai said in a blog post.
Also Read: Nvidia Accelerates AI Integration in Medical Imaging with MONAI
Open-Sourcing Software
Run:ai plans to open source the Run:ai software to help the community build better AI, faster. "While Run:ai currently supports only Nvidia GPUs, open-sourcing the software will enable it to extend its availability to the entire AI ecosystem," it said.
"Run:ai's solutions are already integrated with Nvidia DGX, Nvidia DGX SuperPOD, NVIDIA Base Command, NGC containers, and Nvidia AI Enterprise software, among other products," Nvidia said at the time of the announcement on April 24.
Nvidia and Run:AI
"AI and accelerated computing are transforming the world at an unprecedented pace, and we believe this is just the beginning. GPUs and AI infrastructure will remain at the forefront of driving these transformative innovations and joining Nvidia provides us with an extraordinary opportunity to carry forward a joint mission of helping humanity solve the world’s greatest challenges," Run:ai said on Monday.